Best law firm in Coimbatore/ Best advocates in Coimbatore/Best law service in Coimbatore/ Best legal consultation in Coimbatore/ Best legal services in Coimbatore/ Best lawyers in Coimbatore/ Online legal consultation. Bans online gambling and online games of chance involving money or other stakes. This includes rummy and poker, previously considered as games of skill. This concerns about rising online gambling addiction, financial losses, and social issues. Key Provisions: Prohibition: Making or facilitating online gambling services is punishable by imprisonment (up to 3 years) and fines (up to 10 lakh rupees). Payment Restrictions: Banks, financial institutions, and payment gateways cannot process transactions related to online gambling. Advertising Ban: Advertisements promoting online gambling are prohibited in any media. Registration Requirement: Local online game providers offering skill-based games must register and comply with regulations. Impact: Industry: Major blow to online gambling companies operating in Tamil Nadu. Players: May shift to illegal or unregulated platforms, raising safety and security concerns. Revenue: Potential loss of tax revenue from regulated online gambling. Uncertainties: Legal challenges possible, impact on online skill-based games unclear. Comparison with IT Rules (2023): Both aim to curb online gambling, but the Tamil Nadu law has a wider scope, banning even games of skill played for money. A significant development in India's gambling regulatory landscape, with potential social and economic implications. However, its effectiveness and long-term impact remain to be seen. We at Saanvika Legal Associates offer various legal services such as Trust deeds, Financial law, Insurance law, and other laws including Environment, Consumer, Property, Banking, Tax, Cyber Constitutions, Labor, Civil, Criminal, Family, Property, registration, Getting docs, and so on. Also, you can consult all aspects related to Legal notice, documentation, Legal registration, Property organization, forming companies, Family legal consultation, Civil and Criminal legal consultants, and Litigation of finance and property.